Sauna and Spa Market Size (2024 - 2029)

Sauna & Spa Market Analysis

The Sauna and Spa Market size is estimated at USD 135.95 billion in 2024, and is expected to reach USD 194.51 billion by 2029, growing at a CAGR of 7.43% during the forecast period (2024-2029).

Saunas have been used for thousands of years and are still popular today. A sauna can help people to unwind and relax, and it may have other health benefits. The Mayans used sweat houses 3,000 years ago, and Sweating has long been used as a therapy. Traditional Finnish saunas usually use dry heat, with a relative humidity that is often between 10% and 20%. In other sauna types, the moisture is higher. Turkish-style saunas involve a greater level of humidity. There are several types of saunas, based on how the room is heated. These include wood burning, electrically heated, infrared room, and steam room.Sauna and spa are seemed to be supportive of the body and mind healing treatments. Spa followed by sauna treatments has become common. The most common spa treatment is a massage. Other services offered range from facials, manicures, pedicures, and body treatments. Bonding sessions, detox, improving confidence and self-esteem, lowering blood pressure, reducing pain, reducing stress, weight reduction, meditation, healthy skin, and relaxation are significant benefits of frequent spa treatment.

There are diverse types of saunas, such as the traditional Finnish sauna, steam bath (also known as a Turkish bath), and infrared sauna, etc. Technology advancements and different innovations are introduced in the infrared sauna. Sauna is considered a part of spa treatment generally along with aromatherapy, body wraps or mud bath, bathing, waxing, manicure and pedicure, and massage are different types of spa treatment. The different types of spa therapy based on offering locations are day spa, destination spa, hotel or resort spa, medical spa, cruise ship spa, airport spa, mineral springs spa, etc. The European spa is one of the world's largest due to its relatively higher average revenues. The spa industries in most European countries have recovered well from the economic crisis of the early 2010s. Russia's spa industry has also grown significantly in the last five years. The growing wellness industry in Europe is one of the major growth drivers of the sauna and spa market. The growth in the hospitality industry in the region and the associated influx of tourists to Europe are expected to keep the sauna and spa market buoyant in the region.

In 2020, the outbreak of COVID-19 pandemic has created an unfavorable impact on the market as the sauna and spa services demand have declined rapidly between January to March and extended further. The impact was indirectly hit by other sectors which associated with this markets.

Sauna & Spa Industry Segmentation

The report aims to provide a detailed analysis of the Suana and Spa market. It focuses on market dynamics, customer trends, and insights into geographical segments. Also, it analyzes the major players and the competitive landscape in the market. The Sauna and Spa Market is Segmented By Application into Hotel/Hospitality, Gym/Fitness and Spas, Household, Other Applications, by Type of Market into New, and Renovation/Replacement and by Geography into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The report offers market size and forecast in value (USD billion) for all the above segments.